Parent owns 100% of Subsidiary voting stock. Subsidiary bought land in 2015 for $104,000 and sold it to Parent on June 1, 2020 for $126,000. Parent employs the equity method of accounting for investments. Parent sells the land to a third party in 2024 for $176,000. 1. Prepare the journal entry that each company makes to record the land sale. 2. Prepare any equity method entry(s) needed on either company's books in 2020 3. Prepare any consolidation entries in 2020 related to the land sale. Be sure to indicate the CEADI code. 4. Prepare any consolidation entries in 2021 related to the land sale 5. Prepare any consolidation entries in 2024 related to the land sale, 6. What is the gain on the land sale on the 2024 consolidated income statement